New York State Contract Reporter #2139410

NYSIF RFI for Low-Cost Banking Access for Claimants and Beneficiaries

The New York State Insurance Fund is exploring lower-cost banking access for people receiving claims or benefits. - Government buyer: New York State Insurance Fund (NYSIF), Procurement Unit. - Opportunity: Request for Information (RFI) about low-cost banking and financial access for NYSIF claimants and beneficiaries. - Requested service: Information from qualified financial institutions and community financial service providers on available solutions; no quantities or part numbers are specified. - OEMs and vendors: None are named in the materials. - Notable details: This RFI is for market research and does not itself award a contract. NYSIF may use responses to inform a future procurement. Participation by Minority- and Women-Owned Business Enterprises and Service-Disabled Veteran-Owned Businesses is encouraged.

Description

NYSIF is seeking information from qualified financial institutions and community financial service providers about low-cost banking and financial access solutions for NYSIF claimants and beneficiaries. Firms with experience in Financial Inclusion Banking Services for claimants are encouraged to respond. This RFI will not directly result in a contract award; NYSIF may use the information for future procurements or research and may announce a subsequent RFP at its sole discretion. Responses are due October 26, 2026, at 2:00 PM EST.

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